GoPro Hero 5 release rumors: Action camera to save company's stock price dilemma

(REUTERS/ROBERT GALBRAITH)A GoPro device featuring 16 cameras, to be used with Google's ''Jump,'' to provide viewers with 360-degree video, is shown during the Google I/O developers conference in San Francisco, California May 28, 2015.

GoPro Hero 5 has still not been confirmed for release, but rumors continue to circulate online as to what this speculated GoPro installment has to offer its fans and critics.

The rumored GoPro Hero 5 is what the company hopes would bring its stock prices back up, especially since, according to reports, GoPro stock prices have been down the drain since 2015. It performed worse when it failed its fans with the delay of GoPro Karma Drone and has not been showing progress since.

In various rumors, this installment has been dubbed the "most connected and convenient" action camera, and is seemingly driven to impress and increase its market value in the athletic community.

The same report also claims that Nick Woodman, the CEO of GoPro, is aiming that the Hero 5 would be able to provide a better user experience and will do a better job in terms of its capacity to connect with other devices. As it is targeting the athletic crowd, it envisions a camera that can handle tough situations while still being able to capture high-definition photos and videos — a camera fit for the modern age.

Part of the company's marketing strategy is the phasing out of old versions of GoPro. And while that is seen as a legitimate move, it also increases the expectations of fans, and the company will have to make sure that it delivers to the expectations it has set.

Right now, rumors are saying that the camera will have the highest GoPro resolution ever, believed to be at 8K resolution; a better and more stylish design; a longer battery life span set at 2,800 mAh; dual lense setup, and underwater focus.

Interested buyers can expect paying an estimate of $450–$550 by October of this year, if rumors are to be believed.

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